Our BoP Nowcasts provide real-time estimates of changes in the external accounts of key emerging markets (Brazil, China, India, Mexico, Russia, Saudi Arabia, South Africa and Turkey). They complement our existing expertise on capital flows by providing a daily tracking of the current account, factoring in fluctuations in prices of the key commodities traded by a country. These real-time forecasts, when coupled with our forecasts for capital flows from the Capital Flows Report, provide high frequency estimates for changes in reserves during 2018.